Trade in pre-owned business jets will outpace new plane deals by four-to-one by 2023.
Globally, second hand jet trade will account for $61 billion of trade by 2023.Trade in pre-owned business jets will outpace new plane deals by four-to-one as the global economy softens during the coming years.
Owner & Chairman of the Board at Jetcraft, Jahid Fazal-Karim, said in an accompanying statement that people who previously only bought new aircrafts are now "more willing to consider pre-owned." "New delivery units are forecast to flatten out as a result of an upcoming economic downturn, while pre-owned transactions continue to grow," read the analysis.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How To Trade The China Trade WarRun? Emerging market specialists still bet on a deal. But overall, pessimism is starting to set in. How long that lasts depends on this week's trade talks in Washington.
Read more »
How To Trade The China Trade WarRun? Emerging market specialists still bet on a deal. But overall, pessimism is starting to set in. How long that lasts depends on this week's trade talks in Washington.
Read more »
Top Chinese trade negotiator leaves U.S. trade representative's officeChina's top trade negotiator Liu He left the U.S. Trade Representative&039...
Read more »
Trump is playing the 'long game' in China trade talks: Former White House trade advisorTrump is taking a 'calculated approach' to trade talks with China to get a long-term solution, says Clete Willems, former trade negotiator.
Read more »
Huawei CFO Meng arrives in Canada court for pre-extradition hearingHuawei Chief Financial Officer Meng Wanzhou arrived in a Canadian courtroom on W...
Read more »
Long-Term Study Shows Free Pre-K Helps Low-Income Students, And Their ChildrenIn a new study released Tuesday, a researcher found the positive effects of free pre-K stretched to the children of disadvantaged students enrolled in a much-studied preschool program more than 50 years ago.
Read more »
Navy Officer faces court-martial after allegedly using government computer to search for 'pre-teen' nudesLt. Cmdr. Robert J. Cleary faces charges of conduct unbecoming an officer and gentlemen.
Read more »
Pre-Brexit rush by factories boosts UK economy in early 2019Britain's economy got a sharp one-off boost in the first three months of 20...
Read more »
UK jobless rate falls again as pre-Brexit hiring surge continuesBritain's unemployment rate fell to its lowest level since the mid-1970s as...
Read more »